The FHA Program for Condominiums is a tiny bit different from the program that covers "traditional" Single Family Homes. Originally, the program was designed with differnt mortgage insurance coverage, …
Condominium Loans and FHA Mortgage Changes
FHA announced new guidelines that will effect Condominiums beginning this fall. With their mortgagee letter, HUD (which governs the FHA Mortgage Loan program) changes the Spot Approval process, so …
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